Acquisition Lender Index

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Janitorial Services: SBA acquisition loans in Minnesota

10 SBA-financed business acquisitions in Minnesota classified as Janitorial Services, FY2024–FY2026. Median loan $379K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
10
Total approved
$3.8M
Median loan
$379K
Middle half of loans
$134K to $644K
Median starting rate
9.00%
Median term
10 yrs

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Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 Scale Bank 330%$128K$864K
2 BankVista 330%$272K$820K
3 The Huntington National Bank 220%$426K$852K
4 Frandsen Bank and Trust 110%$743K$743K
5 First Bank & Trust 110%$487K$487K

For comparison, the same industry nationwide: 191 loans, median $366K, median starting rate 9.75%. See Janitorial Services in every state.

Deals by SBA fiscal year

FY20216 loans, $2.3M
FY20221 loans, $418K
FY20232 loans, $412K
FY20242 loans, $302K
FY20255 loans, $1.9M
FY20263 loans, $1.6M

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.